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Tenaska’s Taylorville Energy Center MYTHBUSTERS

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[The following is a paid advertisement.]

Part 1, Electric Rates.

Myth: Taylorville will put an “enormous economic burden” on consumers

Fact: The Clean Coal Portfolio Standard caps residential rate increases at 2.015%, or $1.67/month, according to the ICC.

Myth: Taylorville means rate increases now, when we can least afford it

Fact: Between now and 2015, the project will invest billions in Illinois, employ nearly 2,500 construction workers and purchase supplies from all corners of the state. The cost to ratepayers between now and 2015? ZERO. NOTHING. ZILCH.

Myth: Taylorville will dramatically increase electric rates for large business customers

Fact: Big business customers currently pay 40.5% less for electricity than residential and small business consumers. Even under their worst case scenario, large customers would still pay 37.1% less.

Myth: Illinois has plenty of electricity. No new plants are needed.

Fact: As Crain’s and others have reported, environmental regulations are expected to force 25-40% of Illinois coal plants to shut down by 2020. Since Illinois still relies on coal for half of our electricity, less supply and more demand means higher electric rates if cleaner supplies of reliable electricity, like Taylorville, are not built. And who benefits from that?

SAY YES TO TENASKA’S TAYLORVILLE ENERGY CENTER!

Learn the facts. For more information, visit cleancoalillinois.com

posted by Capitol Fax Blog Advertising Department
Wednesday, Nov 17, 10 @ 1:35 pm

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